Worthington Enterprises Inc expected to post earnings of 75 cents a share - Earnings Preview

Worthington Enterprises

18/03/2024 20:18

* Worthington Enterprises Inc  WOR.N   WOR  is expected
to show a
fall in quarterly revenue when it reports  results on March 20
for the period ending February 29 2024
    * The Columbus Ohio-based  company is expected to report a
70.4% decrease in revenue to $326.966 million from $1.1 billion
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Worthington Enterprises
Inc is
for earnings of 75 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Worthington
Enterprises Inc is $53.00​, below​ its last closing price
of $63.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  0.69        0.71       0.78      Beat    9.9
 Aug. 31 2023  2.04        2.04       2.06      Beat    1.1
 May. 31 2023  1.91        1.90       2.74      Beat    44.2​
 Feb. 28 2023  0.72        0.72       1.04      Beat    44.4
 ​​Nov.        0.64        0.66       0.44      Missed  -33.7
 30 2022                                                
 Aug. 31 2022  1.55        1.58       1.61      Beat    1.9​
 May. 31 2022  0.85        0.83       1.58      Beat    90.4
 Feb. 28 2022  1.37        1.37       1.13      Missed  -17.5
 This summary was machine generated March 18 at 20:18 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)